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We estimate a spatial model of liquor demand to analyze the impact of government-controlled retailing on entry patterns. In the absence of the Pennsylvania Liquor Control Board, the state would have roughly 2.5 times the current number of stores, higher consumer surplus, and lower payments to...
Persistent link: https://www.econbiz.de/10010815593
While private monopolists are generally assumed to maximize profits, the goals of public enterprises are less well known. Using the example of Pennsylvania's state liquor retailing monopoly, we use information on store location choices, prices, wholesale costs, and sales to uncover the goals...
Persistent link: https://www.econbiz.de/10008532142
Online applications and services automate communications and transactions between firms and consumers, promising large efficiency gains. However, consumers have been slow to use these online technologies intensively, despite widespread adoption of the internet. Customers frequently undergo a...
Persistent link: https://www.econbiz.de/10005459403
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits across the state and is legally mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to...
Persistent link: https://www.econbiz.de/10011083608
Nonprofits are increasingly present in industries with a large for-profit sector, raising questions about their competitive advantage afforded by the nonprofit tax exemption. We estimate an equilibrium model of market structure for recreation/fitness centers to assess whether nonprofit and...
Persistent link: https://www.econbiz.de/10010841119
Persistent link: https://www.econbiz.de/10010867843
Persistent link: https://www.econbiz.de/10011034612
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...
Persistent link: https://www.econbiz.de/10010752157
Este trabajo analiza los efectos de las reformas a la política comercial de la década de 1990 sobre la productividad del sector manufacturero colombiano. Los resultados indican que entre 1978 y 1998, la productividad agregada del sector manufacturero se estancó, e incluso decreció en algunas...
Persistent link: https://www.econbiz.de/10005014503
This paperanalyses the link between human capitaland information technology(IT ) in the service production process. The analysis is based on 1994 cross-sectional data for 1929 German. Firms drawn from the first wave of the Mannheim Service Innovation Panel (MIP-S). Factor demand functions are...
Persistent link: https://www.econbiz.de/10005097561